Independent Petroleum Group KSCPKUW:IPG -0.16%35 Return-on-Tangible-Equity is 7.98% as of Mar. 2026, which is 13% above its 10-year median of 7.06. GuruFocus rates KUW:IPG with a GF Score™ of 35/100 and a GF Value™ of KWD0.36 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 942 Oil & Gas companies, Independent Petroleum Group KSCP ranks better than 57.01% on this metric.
The historical rank and industry rank for Independent Petroleum Group KSCP's Return-on-Tangible-Equity or its related term are showing as below:
KUW:IPG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.94 Med: 7.06 Max: 9.34
Current: 9.34
During the past 13 years, Independent Petroleum Group KSCP's highest Return-on-Tangible-Equity was 9.34%. The lowest was 5.94%. And the median was 7.06%.
KUW:IPG's Return-on-Tangible-Equity is ranked better than 57.01% of 942
companies
in the Oil & Gas industry
Industry Median: 6.73
vs KUW:IPG: 9.34
Independent Petroleum Group KSCP (KUW:IPG) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Independent Petroleum Group KSCP Return-on-Tangible-Equity Related Terms
Independent Petroleum Group KSCP Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Independent Petroleum Group KSCP Return-on-Tangible-Equity Chart
KUW:IPG vs XOM, CVX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Independent Petroleum Group KSCP Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Independent Petroleum Group KSCP's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Independent Petroleum Group KSCP's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.98% mean?
Independent Petroleum Group KSCP (KUW:IPG) has a Return-on-Tangible-Equity of 7.98% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Independent Petroleum Group KSCP and its competitors. This is 13% above median its historical median of 7.06. Over the past decade, Independent Petroleum Group KSCP's Return-on-Tangible-Equity has ranged from 5.94 to 9.34. According to the industry distribution chart, Independent Petroleum Group KSCP ranks #405 out of 942 companies in the Oil & Gas industry, placing it in the top 43%.
Is Independent Petroleum Group KSCP's Return-on-Tangible-Equity too high?
Independent Petroleum Group KSCP's current Return-on-Tangible-Equity of 7.98% is 13% above median its 10-year median of 7.06. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 9.34. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Independent Petroleum Group KSCP's value of 7.98% is 18.6% above this industry median. Based on the distribution chart, Independent Petroleum Group KSCP ranks #405 out of 942 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Independent Petroleum Group KSCP has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Independent Petroleum Group KSCP's Return-on-Tangible-Equity compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Independent Petroleum Group KSCP ranks #405 out of 942 companies for Return-on-Tangible-Equity. This puts Independent Petroleum Group KSCP in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.73. Independent Petroleum Group KSCP's value of 7.98% is 18.6% above this benchmark. Historically, Independent Petroleum Group KSCP's own Return-on-Tangible-Equity has ranged from 5.94 to 9.34 over the past decade. While the company's 10-year median is 7.06 vs. the industry median of 6.73, Independent Petroleum Group KSCP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, based on 942 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independent Petroleum Group KSCP's current Return-on-Tangible-Equity of 7.98% is 18.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Independent Petroleum Group KSCP and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Petroleum Group KSCP's current Return-on-Tangible-Equity is 7.98%, which is 13% above median its own 10-year median of 7.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Petroleum Group KSCP stock overvalued right now?
Based on GuruFocus' analysis, Independent Petroleum Group KSCP (KUW:IPG) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.36, compared to a current price of KWD0.61 — trading 70% above its estimated fair value. The current Return-on-Tangible-Equity is 7.98%, which is 13% above median its 10-year median of 7.06 and 18.6% above the Oil & Gas industry median of 6.73. Independent Petroleum Group KSCP's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Independent Petroleum Group KSCP (KUW:IPG), the current Return-on-Tangible-Equity is 7.98% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Independent Petroleum Group KSCP (KUW:IPG) Overvalued in 2026?
Based on GuruFocus' analysis, Independent Petroleum Group KSCP stock appears to be overvalued.
The current stock price of KWD0.61 is trading 70% above its estimated GF Value™ of KWD0.36.
GuruFocus considers Independent Petroleum Group KSCP to be Significantly Overvalued.
Key valuation signals for KUW:IPG:
Return-on-Tangible-Equity: 7.98% (13% above median its 10-year median of 7.06)
GF Value™: KWD0.36 vs. price of KWD0.61 (70% above fair value)
Industry Position: 18.6% above the Oil & Gas median (#405 of 942)
No single metric tells the full story. See the KUW:IPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independent Petroleum Group KSCP Business Description
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The group operates in Europe, Africa and Middle East, and Asia and the Far East where Africa and the Middle East region generates maximum revenue.
35GF Score
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